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HMRC Winding-Up Petitions
Posted on February 23, 2012
The following list is of the winding-up petitions presented by HM Revenue and Customs (HMRC) and its predecessors, the Internal Revenue (IR) who were responsible for the collection of direct taxation such as income tax (PAYE) and National Insurance contributions, and HM Customs and Excise (C&E) who were responsible for the collection of indirect taxation […]
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No. of Clubs
Posted on February 13, 2012
I’m sometimes asked for a magic number – the number of top clubs which have gone into Administration. It’s difficult give a simple answer because: Administration is a misleading basis for counting. Clubs can be wound up without ever going into Administration. A better measure is ‘insolvency event’, a term which can however be defined […]
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The Magic of Football – still there in the Cups?
Posted on January 27, 2012
It’s increasingly difficult to see any magic in the beautiful game other than black magic, especially when you look at it from a financial perspective. You only need to think of the narrow escapes at Plymouth and Wrexham recently, and both Portsmouth and Darlington are standing on the edge of the precipice. The Cups may […]
Posted in Community, Fans | Leave a Comment »
The Big 1, 2, 3 or is it still 4? Or more?
Posted on June 9, 2011
Currently I’m working on a joint research project on various European football leagues with colleagues in Austria. One set of data which we have produced so far casts some light on this perenial debate. The latest version of the date centres of course on whether Liverpool ‘have fallen out of the Top 4′, and/or whether […]
Posted in Governance, History, Premier League, Pyramid movement | 3 Comments »
Denouement at Liverpool?
Posted on October 7, 2010
The long-running saga of Messrs Hicks and Gillett’s failure, first, to bring Liverpool’s level debt down, and, next, to find a purchaser of the club willing to pay the unrealistic price they were asking, has until the last few days been, to me at least, a soap in which there is constant speculation on how […]
Posted in Debts, Investors, Organisational culture, Ownership, Points deduction | 4 Comments »
Club round-up
Posted on July 29, 2010
A variety of snippets of insolvency and related news. Readers unfamiliar with events at particular clubs should use the Quick Club Links in the left side bar for postings passim. Ashford Town (Kent) Today’s the day of the Administration hearing (1) and a resolution (?) of the confrontation between Don Crosbie and Tony Betteridge, co-owners […]
Posted in Debts, HMRC, Insolvency | 7 Comments »
The trouble with new stadiums 1
Posted on June 27, 2010
You may have noticed – I am not a fan of the new stadium. At the Supporters Direct Conference I spoke briefly about ‘the myth of the new stadium’, and over a couple of postings I’ll elaborate on why I don’t, in general, rate them. Broadly, there are three lines of argument that are trotted […]
Posted in Stadium | 7 Comments »
Money laundering
Posted on July 1, 2009
A new report (1) by FATF, an intergovernmental body (2), draws attention to a number of cases of money laundering which have taken place in the football industry. To be clear, money laundering includes not only the popular image of piles of numbered banknotes from a robbery that need to be converted in clean money, […]
Posted in Benefactors, Corruption, Organisational culture | 2 Comments »
Parachute payments, and rocket payments?
Posted on April 14, 2009
As the Premier League season reaches its climax, thoughts at those clubs in or near the relegation zone must be turning to next year’s budget. Let us hope that they are more sensible than the famous occasion in the spring of 2008 , when Paul Jewell, manager of Derby County (under a previous management, it […]
Posted in Governance, Revenues | 8 Comments »
